Yardeni Raises S&P 500 Target to 8,250 and Sees 10,000 by 2029
Ed Yardeni raised his S&P 500 target to 8,250 for 2026 and sees the index reaching 10,000 by 2029.
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6 news articles · 2 briefs · 0 guidesEd Yardeni raised his S&P 500 target to 8,250 for 2026 and sees the index reaching 10,000 by 2029.
Wall Street analysts are increasingly optimistic that Amazon could eventually reach a $3 trillion market value as growth in AWS and logistics continues accelerating.
Oil prices climbed after Trump said the U.S.-Iran ceasefire remains on “massive life support,” renewing supply disruption concerns.
Alphabet is rapidly narrowing the gap with Nvidia as both companies approach a combined market value above $10 trillion amid the ongoing AI boom.
AI chipmaker Cerebras is expected to debut on Nasdaq on May 14 under the ticker CBRS, positioning itself as an alternative to Nvidia in the AI hardware market.
Akamai shares jumped 20% after the company reported strong quarterly earnings and announced a $1.8 billion AI infrastructure agreement.
Intel shares surged to a record high after reports that Apple may shift part of its chip manufacturing to Intel, increasing pressure on TSMC.
The S&P 500 reached a new all-time high of 7,420 as investor optimism around artificial intelligence and technology stocks continued driving the market higher.
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